Rockefeller Capital Management L.P. Decreases Stock Holdings in The Walt Disney Company (NYSE:DIS)

Rockefeller Capital Management L.P. lessened its stake in The Walt Disney Company (NYSE:DIS) by 2.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,088,934 shares of the entertainment giant’s stock after selling 25,884 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Walt Disney were worth $121,292,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. FPC Investment Advisory Inc. purchased a new position in shares of Walt Disney in the 4th quarter worth approximately $28,000. Tacita Capital Inc boosted its stake in Walt Disney by 93.2% in the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock valued at $29,000 after acquiring an additional 124 shares in the last quarter. Pilgrim Partners Asia Pte Ltd purchased a new position in Walt Disney in the fourth quarter worth $32,000. Midwest Capital Advisors LLC acquired a new position in shares of Walt Disney during the fourth quarter worth $34,000. Finally, Bay Harbor Wealth Management LLC purchased a new stake in shares of Walt Disney during the 4th quarter valued at $35,000. 65.71% of the stock is currently owned by institutional investors.

Walt Disney Trading Down 0.4 %

Shares of DIS stock opened at $84.92 on Friday. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $118.63. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The stock’s fifty day moving average is $101.83 and its two-hundred day moving average is $104.75. The firm has a market capitalization of $153.52 billion, a P/E ratio of 27.66, a PEG ratio of 1.80 and a beta of 1.44.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. Research analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Needham & Company LLC restated a “buy” rating and set a $130.00 target price on shares of Walt Disney in a research note on Wednesday, February 5th. Redburn Atlantic upgraded Walt Disney from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $100.00 to $147.00 in a research note on Tuesday, January 7th. Barclays decreased their price objective on shares of Walt Disney from $125.00 to $115.00 and set an “overweight” rating for the company in a research report on Tuesday. Citigroup reissued a “buy” rating and set a $125.00 target price on shares of Walt Disney in a research report on Wednesday, January 22nd. Finally, The Goldman Sachs Group raised their price target on shares of Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a report on Tuesday, February 4th. Six analysts have rated the stock with a hold rating, sixteen have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Walt Disney presently has an average rating of “Moderate Buy” and a consensus price target of $125.13.

About Walt Disney

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.